|
|
Treasury Wine Estates is selling Rosemount, Ingoldby and Secret Stone to Australia's AG Oatley Wines for an undisclosed sum, with the deal expected to close at the end of next week; Treasury will keep responsibility for Rosemount's sales in Europe for up to three years. The Penfolds owner is working to cut its portfolio from 76 brands to fewer than 30, and the sale follows last month's divestment of sparkling specialist Seppelt.
Drinks Intel |
|
|
|
|
National Beer Wholesalers Association president and CEO Craig Purser described the current blurred state of the beverage-alcohol industry as a "Freaky Friday," calling for clarification and collaboration as category lines continue to blur.
Brewbound |
|
|
Unite has escalated its strike at Diageo's Cameronbridge distillery in Fife to cover all workers, continuing stoppages that began on 28 September over compulsory redundancies and what the union calls "inadequate" health and safety assessments. Diageo says it intends to remove up to 10 roles (eight employees affected, with two vacancies) as it maintains reduced production, and does not expect any disruption to product availability.
The Spirits Business |
|
|
Proximo Spirits has closed the Great Jones Distilling Co visitor centre in lower Manhattan after five years, filing a WARN notice in New York on October 2 that lists economic reasons and takes effect December 7, 2026, affecting all 26 jobs at the 28,000-square-foot site. A Proximo spokesperson said the venue is shut "until further notice," with Great Jones Whiskey and Black Dirt Distillery products remaining available online and at select retailers.
The Spirits Business |
|
|
On-premise volumes in Europe dropped across the board in 2025, with spirits down 4%, beer 5% and wine 6% year on year, per IWSR, and eight of the ten largest spirits markets declining. Early 2026 signs are mixed: the pace of closures slowed in France and eastern markets grew (Croatian hospitality revenue up 6.5% in the first seven months), while premium spirits outperformed their total categories in nine of the ten largest, and Campari holds nearly 90% of UK spritz serves.
Drinks Intel |
|
|
The National Beer Wholesalers Association's Annual Convention and Product Showcase began today in Orlando, Florida, with updates from the trade group and comments from middle-tier leadership on the contracting beverage-alcohol market.
Brewbound |
|
|
Flavored beer is growing against a broader beverage-alcohol slump, led by apple lager and cheladas, per Brewbound. The report notes that flavor has spread across bev-alc, though it is often assumed to be concentrated in RTDs rather than in traditional beer, wine and spirits.
Brewbound |
|
|
Fitch affirmed Becle's BBB rating, pointing to stable leverage and margin support through 2026 even as the company works through a U.S. distributor transition and softer demand.
tradersunion |
|
|
Molson Coors stock rose 3.04% to $38.32, outperforming its moving averages on strong buying tied to the company's margin-improvement and cost-savings efforts.
tradersunion |
|
|
Athletic Brewing has signed a multi-year deal naming it the official non-alcoholic beer of the NHL in Canada, the league's first dedicated non-alcoholic beer partner, with its branding appearing across the NHL's digital channels, social media, retail activations and events. The brand debuts at the Tim Hortons NHL Heritage Classic in Winnipeg on October 25, and the two are planning a national retail campaign aimed at adult amateur hockey players and leagues.
Drinks Intel |
|
|
Wholesale prices for beer, wine, and spirits have risen about 32 percent since January 2021 while hourly labor at drinking places climbed roughly 19 percent between 2021 and 2025, per the Bureau of Labor Statistics, and experts told SevenFifty Daily that operators should price cocktails against prime cost, including prep and bartender labor, rather than ingredient pour cost alone. Aidan Wren of Mile High Mixologists said target ingredient cost, once around 20 percent, should now sit closer to 15 percent, and operators cited tactics like tiered upcharges, trimmed backbars built around roughly 10 volume-driving cocktails, and menu placement that steers guests to higher-margin drinks.
SevenFifty Daily |
|
|
The Rajasthan State Pollution Control Board revoked Carlsberg India's consent to operate its Alwar brewery, citing particulate emissions nearly eight times the permitted limit and the site transmitting only 35.12% of required monitoring data against an 85% threshold, and ordered the local utility to cut power. The closure, which followed a July inspection by India's central pollution authority, comes as Carlsberg prepares a roughly $700m IPO of its Indian arm.
Just Drinks |
|
|
Market Watch honored its 2026 Leaders class at the Pierre Hotel in New York on October 8th, naming Costco wine, beer, and spirits general merchandise manager Chad Sokol as Retailer of the Year and Reyes Beverage Group president and CEO Tom Day as Industry Executive of the Year. Brand awards went to Lunazul Tequila (Heaven Hill) for Spirits Brand of the Year, Avaline for Wine Brand of the Year, Gran Malo (Gallo) for Best New Spirits Product, and Decoy Featherweight (Duckhorn) for Best New Wine Product.
Shanken News Daily |
